Publicly recanted! Luminaries who came to terms with crypto in 2020
Bitcoin may never be a widely used medium of exchange, but it has become a useful store of value, former critics concede in 2020. Go to Source Powered by WPeMatico
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Paxos seeks approval to become fully-regulated crypto bank
The stablecoin issuer and PayPal partner wants to increase its range and scope of services by becoming the first crypto services provider to be regulated at both state and federal levels. Go to Source Powered by WPeMatico
Every asset manager must understand Bitcoin — Erik Voorhees
Shapeshift CEO Erik Voorhees believes any asset manager who is ignorant of Bitcoin “needs to seriously check their premises.” Go to Source Powered by WPeMatico
65% of Traders on Paypal Ready to Use Bitcoin to Pay for Goods and Services: Survey
At least 65% of people who use the Paypal app to trade bitcoin are prepared to start using the top cryptocurrency to pay for goods and services at the 28 million stores supported by the payments company throughout the world. According to a proprietary survey of 380 Paypal users by Mizuho Securities, 17% of the … Read more
BlackRock CEO: Bitcoin has caught our attention
Larry Fink believes Bitcoin may evolve into a global market. Go to Source Powered by WPeMatico
PayPal CEO calls on crypto industry to work hand in hand with regulators
Compliance is key if you want to play the game, says PayPal CEO Dan Schulman. Go to Source Powered by WPeMatico
PayPal suspends user for crypto trading using Paypal’s own service
The user’s funds are reportedly under a 180-day hold. Go to Source Powered by WPeMatico
PayPal CEO: Our platform will ‘significantly bolster the utility of cryptocurrencies’
PayPal’s new crypto services will streamline business adoption of digital assets, says CEO Dan Schulman. Go to Source Powered by WPeMatico
Paypal Bought 70% of All Newly Mined Bitcoin Last Month as Demand Rockets
Paypal bought up to 70% of all the newly mined bitcoin since the payments giant started offering cryptocurrency services four weeks ago. Now that’s according to estimates by hedge fund manager Pantera Capital, as revealed in its latest monthly blockchain letter. Together with Square’s Cash App, the two companies are buying more than 100% of … Read more
Bitcoin shortage is real, and PayPal is the cause, Pantera Capital claims
Bitcoin’s supply crunch could be having a dramatic impact on price, according to Pantera Capital. Go to Source Powered by WPeMatico
